A list of puns related to "Charting"
Good Saturday morning to all of you here on r/wallstreetbets. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.
> After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
> In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500β²s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
> βI think every time youβve had a significant pullback in the familiar names, that tends to draw in more money,β said Ed Keon, chief investment strategist at QMA. βYouβve had a little rotation toward value. Thatβs a healthy sign for the market. I donβt think thatβs an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.β
> There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
> Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fedβs meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
> Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. βIf we do get a deal, that would be really positive. I think at this point, thereβs a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. Weβre going to worry more about the presidential election and its aftermath,β said Keon.
>
... keep reading on reddit β‘Note: it took all of my will not to say "dischartening", but I respect you guys too much to unleash such a bad pun as a title.
Anyways...I'm really bummed about my chart this cycle. All the signs were there that ovulation was imminent on CD 18 (plenty of good EWCM and two positive OPKs) but my temps are all wrong. I mean, if you squint, they are kinda right...but not really. I also temped late yesterday due to stupid alarm shenanigans, but even if I was on time, I think it would have been even lower and less conclusive than just ignoring the temp.
Here is my chart: http://www.fertilityfriend.com/home/46b56d
I'm just going to set my O date at CD18, even though my temps don't super reflect it, so I can have a DPO count at least. I'm super bummed about it, because I think I may not have Oed at all (though there is no way to tell 100%).
I've kind of been bummed since Sunday since I read statistics on how long the sperm has to make it to the egg, how many sperms actually make it there, and all the nitty gritty details and today, it feels impossible for anyone to get pregnant. sigh Why was it so easy for my sisters! They were both one and done. :(
But hey, at least I can still smile about terrible chart puns...dischartening...get it?
This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 182, 183.5, 184.5, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
https://reddit-stream.com/comments/mkkj0p/
Edit 17 4:02PM:
Ended around 186.13 for the day, small bounce in the last few minutes!
Overall a great day, see you all tomorrow!
https://preview.redd.it/9utatwgaver61.png?width=2145&format=png&auto=webp&s=07107ea1f9f4ad6e71a9a3f1f8660de506d818bd
Edit 16 3:46PM:
Low volume, should finish above 182 for the day. Added a new 182 support.
https://preview.redd.it/m55bw4idser61.png?width=2146&format=png&auto=webp&s=182292f146fdc1499d5a723e19165fc881d8327b
Edit 15 3:04PM:
Back for power hour!
https://www.youtube.com/watch?v=5dyrEIkMzMY&ab_channel=WardenElite
Edit 14 2:26PM:
Quick summary of how to detect a short squeeze 24 hours before the squeeze.
Go to https://www.tradingview.com/script/nO5Y6yTa-CV-VWAP-GME/ and favorite the CV VWAP indicator.
Then in TradingView, turn that indicator on under the favorites list. It's pretty simple to use.
https://preview.redd.it/dcxwccsceer61.png?width=2197&format=png&auto=webp&s=6eba3d3edea03d5963ca0d7f7b014968c8a09270
Basically if the silver line goes near or above the dotted red line above, its a positive signal for an incoming short squeeze. Don't pay attention to the indicator during AH or PM. Only during trading hours.
There's a couple false signals and intricacies of how to read the signals properly. I explained it early on in my stream today.
Edit 13 1:37PM:
We were quite close to crossing 200 like my friend in the chat had predicted. We touched 195. Close enough!
I'll be back at power hour, mostly just sideways trading on low volume right now.
Edit 12 1:09PM:
Nothing crazy happening, we're sagging towards VWAP, volume dying down.
https://preview.redd.it/5531tuwe0er61.png?width=2128&format=png&auto=webp&s=a7cc10e57ae3bae1601502b154e67abaa3dd3561
**Edit 1
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 27 4:10PM:
Odds of a discount tomorrow is 90 - 10. This is an educated guess. Not a certainty.
Edit 26 4:01PM:
Ended around 178.24, down 3.39%. Overall IV seems to have bottomed out. Not bad!
The options calculator code from today's power hour stream.
Edit 25 3:07PM:
9:50am-10:10am I meant*
Edit 24 2:56PM:
Hop on my power hour stream and I'll explain how I know about tomorrow's discount!
https://www.youtube.com/watch?v=rvhxEULG34w&ab_channel=WardenElite
Edit 23 2:49PM:
Listen up my beautiful apes. There will likely be a major discount at 9:50am-10:00am tomorrow! Could go as low as 162, then it should recover quickly!
Edit 22 2:46PM:
Is it just me or did Wall Street DDOS https://www.optionsonar.com/?
Edit 21 1:55PM:
The volume is so low that this is trading like a penny stock again. Look at all these gaps between the candles!
https://preview.redd.it/2wrvk1yfisr61.png?width=2146&format=png&auto=webp&s=f142c71d8c1f6bbe122fe3f2daed1d8ca8cb36a1
Edit 20 1:19PM:
Holy pepperoni pizza. The deep ITM calls are back. Expect a great 5-10% discount tomorrow morning at 9:50 am!
Data courtesy of https://www.optionsonar.com/unusual-option-activity/GME/latest-trades
Edit 19 1:18PM:
This is the formula for calculating an option price "C". You can basically take the current price of options on the market, and do an iterative search to try and guess the volatility. The volatility affects "d1" and "d2".
[https://www.wallstreetmojo.com/implied-volatility-formula/#:%7E:text=The%20calculation%20of%20implied%20volatility%20can%20be%20
... keep reading on reddit β‘Hi! I really, really love the idea for this app, and I've been playing it for quite a while, but I can't help but feel it could be a lot better. I thought it would be a good idea to make a list of criticisms, and, since I have nothing better to do, here it is! (Wall of text incoming!)
From what I understand, a meme gains around 6% value every upvote, and that slowly (VERY slowly) decays over time. It also loses around 6% value every downvote. Now, the problem here is that posts on Reddit rarely ever get downvoted to 0 unless they're really bad or spam, which you wouldn't even invest into the first place. That means that almost literally EVERY SINGLE POST you invest in guarantees a lot of money. I don't think it's even possible to lose money in this game unless you forget to cash out after a really long time. The amount gained from upvotes is also pretty ridiculous, that even a semi-unknown post can get you a TON of cash, which doesn't feel that rewarding. I got a 98% profit from a post that got 21 upvotes in 3 hours. That's a lot.
You might say getting absurd amounts of keks is the point of the game, but it just doesn't feel rewarding after a while. It starts to feel more like a clicker game where you're getting exponential amounts of money for every time you invest. Money starts to lose its meaning when you have trillions, quadrillions, and even quintillions of keks. After days of playing, the worst profit I've ever seen was only -5%.
Proposition: Greatly decrease the amount of keks every upvote grants to around 2%, or greatly increase the decay speed by like 20 times. Or do both, see what happens. You might need to balance your game a lot (especially the certification system), but I've no doubt the game would be a lot more exciting if there was an actual risk of losing your money for investing in something that doesn't get popular.
Pun intended. Anwyays, this ties into my first issue of the game but it has less to do with risk and more to do with how insane some posts can get. If a post you invested in actually hits the front page, you can get over 1000x the money you invested in! People drop a lot of upvotes onto front page memes, so you can easily make thousands of times more money than you started with simply by investing into the most popular rising post. Is it cheating? Kinda. The problem is that there are leaderboards and you shouldn't even be able to
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical support and resistance levels for reference today:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 183.5, 184.5, 187.5, 190.5, 192, 195, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
177 diagonal
Edit 8 Unredacted:
The answer to today's general movement was predicted in edit 8. I spotted large Call skew at 150 strike (unbalanced Call volume), then I saw a massive chain being setup between 150 and 180. I knew something was up and that this would fly.
data courtesy of optionsonar.com
Edit 47 4:05PM:
Wow.
Edit 46 3:44PM:
Choppy price action, we just saw a gap up at the minute tick. Aggressive shorting countered by aggressive buying.
https://preview.redd.it/adcp0ahea8p61.png?width=2141&format=png&auto=webp&s=8b6dd6b6403ee6e0f4dff093d5ef365daa9cc586
Edit 45 3:22PM:
High volume on 120 strike puts. Bears fighting back.
Edit 43 3:16PM:
Thank you RC for the great summary of today:
https://preview.redd.it/gabzu3l058p61.png?width=598&format=png&auto=webp&s=e977df28678f97671e053b2e11fbb443618472d8
Edit 42 3:08PM:
Remember they got tomorrow as well to fight for that 185 mark. This will get ugly as the shorts start throwing everything they have at this stock.
Edit 41 3:04PM:
We have a safety net at 155. This is a battle around 185 and if we can push through that and 200, it's literally a free for all charge to 220.
Edit 40 2:59PM:
Shorts are getting annihilated once again in the options market. Those measly Puts were bought in an attempt to control the tsunami that is pushing the price up.
data courtesy of optionsonar.com
Edit 39 2:56PM:
We've pierced through the 177 diagonal resistance like butter. Onwards to 183.5!
Edit 38 2:52PM:
Wall Street never thought retail would have this one simple trading power: holding.
For year's they've pumped and dumped several stocks using scare tactics to shake out all the paper hands. For the first time in history, r
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only. Seek a certified financial professional for investment advice.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Add me on Twitter! https://twitter.com/warden_elite. I'll be using that as a backup location to post notifications in the event of a Reddit outage. Here is my YouTube. I may post videos in my future and build my channel out after GME is over. https://www.youtube.com/channel/UCZDDUjJl54h9UidiwVotM_g
If you want to support me, check my Reddit profile bio. I appreciate you guys!
Historical support and resistance levels for reference today:
152.5, 172, 182, 197.5, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
172 diagonal support
Edit 1 million 4:18PM:
Seems Yahoo Finance and Webull lagged. It only just updated. We finished at 200.27, -1.48 and -0.73%. Still above 200.
Edit 100000 4:09PM:
https://finance.yahoo.com/quote/GME/history/
Closing price for today according to Yahoo is 202.44.
Edit 69420 4:05PM:
Volume right between 20mil and 30mil at about 25mil. So the average of my early morning and midday volume estimates. Guess the whales tapped out midday and came at the last second today to keep the price above 200.
Edit 420 4:01PM:
WOW. We spiked in the last 3 seconds and closed above 200!
We ended in the green today up 0.69 dollars and 0.34%.
Most of today's interesting action was midday from that large buy-in. We finished above 200 and I can affirm that we are still way above the 172 diagonal, and on track for another week of gains!
I hope you all have a good weekend.
Stay hydrated. π¦
Relax and have some fun. π
Next week will be certainly be another interesting week with the earnings call coming up.
Some things I will be looking for in the earnings report:
And on to Huang Po, the ChΓΌn Chou Record:
>The Master said to me: All the Buddhas and all sentient beings are nothing but the One Mind, beside which nothing exists. This Mind, which is without beginning, is unborn and indestructible [Footnote on 'unborn': Unborn, not in the sense of eternity, for this allows contrast with its opposite; but unborn in the sense that it belongs to no categories admitting of alteration or antithesis]. It is not green nor yellow, and has neither form nor appearance. It does not belong to the categories of things which exist or do not exist, nor can it be thought of in terms of new or old. It is neither long nor short, big nor small, for it transcends all limits, measures, names, traces and comparisons. It is that which you see before you - begin to reason about it and you at once fall into error. It is like the boundless void which can not be fathomed or measured. The One Mind alone is the Buddha, and there is no distinction between the Buddha and sentient things, but that sentient beings are attached to forms and so seek externally for Buddhahood. By their very seeking they lose it, for that is using the Buddha to seek for the Buddha and using mind to grasp Mind. (29)
Sorry, long excerpt, but it's the first page and I think that good writers put most of what they have to say into the first act in condensed form. Great writers do it on the first page. Whether or not Mr. Hsiu was a great writer is another question, I guess you'd have to know Chinese, but there you go.
So many words on Mind. When I read this I imagine a kind of mind-map chart (pun not intended, but appreciated): One bubble reads "Things that exist", the other reads "Things that do not exist", and then there's a bubble that reads "Mind", and it's outside of the other two bubbles.
When people come and ask "What is Mind?" and I answer "Mind is not a thing. It has nothing to do with 'is'" they often jump to the conclusion "So you're saying mind doesn't exist?". When I then say "No, that is not what I'm saying" they often call me names. This passage is what I am referring to when I do that.
>As to performing the six paramitas [Footnote: Charity, morality, patience under affliction, zealous application, right control of mind and the application of the highest wisdom] and vast numbers of similar practices, or gaining merits as countless as the sands of the Ganges, since you are fundamentally complete in every respect, you should not try to supplement that pe
... keep reading on reddit β‘Latest News / Upcoming Events:
πΈ Severely Undervalued With Market Cap Under 10m
πΈ Take Profit & Stop Loss (Limit Orders) Coming In 1.5 Weeks
πΈ ERC-20 & BEP-20 Bridge Coming In 3-4 Weeks
Currently no other solid use case opportunities like this!
βοΈJoin Over 9522+ Members - https://t.me/windswapmembers βοΈ
Accomplishments in the last 2 weeks:
β LIVE DEX (Proven Use Case)
β Coin Market Cap
β CoinGecko
β Blockfolio
β Top Rank On Poocoin Chart
βοΈLive Dev Updates & Community: https://t.me/windswapmembers βοΈ
Iβve been invested in WindSwap since the 4th day and all I can say is wow. I wanted to let everyone know about a quality project with a solid A+ development team behind it.
Huge ATHβs and steady floors rising, finally developers who stand behind an actual product. I think their event tomorrow is going to be pretty crazy and I think we should all strap in and get ready for WindSwap to emerge as a major contender for PCS.
WindSwap has met huge milestones over the 2 weeks alone with Coin Market Cap, Coin Gecko, Staking, but the best is yet to come. In the pipeline they have announced the following:
π₯ Token Rug Checker
π₯ Smart Put/Call Limit Orders
π₯ ERC-20 & BEP-20 Bridge
As you can see from the chart, it is looking very BULLISH. The Telegram group grew over 500 members in the last 24 hours.
Why are more and more investors moving away from meme/joke tokens?
The WindSwap team has offered us something very few tokens do - that is a quality use case and a development team. Here is a list of things they are working on as we speak:
-Slippage slider (Complete)
-Charting tools (Released)
-Cross-chain Bridge (On Roadmap)
-UI Improvements (Released on Sunday
-Limit Orders (Within Next 2 Weeks)
-Due Diligence / Rug Checker (On Roadmap)
Links
π Site: https://windswap.finance/
β Telegram: https://t.me/windswapmembers
π Chart: https://app.windswap.finance/#/chart
π§Ύ Litepaper: https://windswap.finance/whitepaper/litepaper.pdf
π° Coin Market Cap: https://coinmarketcap.com/en/currencies/windswap/
π₯ Coingecko: [https://www.coingecko.com/en/coins
... keep reading on reddit β‘WEARY TRAVELER, GREETINGS!
It is I, your potion vendor! π§π»ββοΈ My customers have recently inquired about my potent brews and their recipes! No sane potion seller would disclose their ingredients! Begone!
Oh I kid with you, of course you can learn about my brews, in fact let me chug this new potion I have, a Potion of Foresight! It will be my first taste! Be sure to put me out of my misery if things turn bad... GLUG...!!
What did he take? Healing Potion Token is the cryptocurrency for the Healing Potion Project on the Binance Smart Chain Network.
Tokenized "Moonshot" projects across the BSC Network are being manufactured daily, some legitimate operations, others... malicious intent. Sadly it is now more common than ever that fraudulent developers are launching the latter with the intention of scamming or abandoning projects for financial gain at the cost of others. Realistically these types of "moonshot" projects will continue to become more and more popular driven by the viral success of projects such as Safemoon & Elongate. The Healing Potion project has been created to offer tools to assist the "Moonshot" community identify legitimate projects from the fraudulent.
Why Healing Potion? Because it's time to regen those degen losses!
Like many others in the moonshot cryptocurrency community space our team have been victim to scams, honeypots, rug pulls and developers abandoning projects. We also found that projects that were mildly successful lacked experienced commercial leadership, generally resulting in a decline in community support and overall failure of the project. These types of results were unsatisfactory for investors and detrimental to the cryptocurrency community as a whole. The common perspective of the Binance Smart Chain is starting to build a negative reputation due to the number of fraudulent projects and developers listing projects on this network.
We decided that something needed to be done.
The culture and community attached to the Binance Smart Chain network deserved a legitimate, driven, structured project for people to take part in and build wealth and security as a community. A unified project that can :
π§π»ββοΈEstablish a fun Fantasy NFT powered community. Proceeds donated to arthouses or charities.
π§π»ββοΈSeek to provide verified insight and information about upcoming "Moonshot" projects. What projects are legitimate and what are scams as reported by the community.
π§π»ββοΈEstablish an user friendly research platf
... keep reading on reddit β‘Here is the analysis on DeChart for MoonShots I hope it may be helpful or at least interesting.. I have been following since their original, now postponed presale, was listed.
----
Preface on DeChart:Β DeChart was created for decentralized exchange traders who need a better way to chart any asset to make the most informed, efficient trades. DeChart is a next-generation data platform and community governed DAO built for DEX traders. As traders ourselves, we needed a better solution for charting nascent assets on any blockchain protocol or exchange. DeChart provides a better suite for users to chart and trade multiple assets at once with up to 8 charts on a flexible dashboard per browser window...
----
Since Launch:Β DeChart anons came out of stealth three days ago and received criticism for their listing on DxSale and anonymity (they are a DAO, anonymity is not uncommon), many in Telegram saying the project was a rug and that there was no product. They mainly receivedΒ criticism for the 5000 softcap / 7800 hardcap in BNB ~ which in USD is approximately $2.8-4.4M at $575 per BNB. Liquidity was also a hot topic in the group, with 51% being locked until June 1st 2021 and then 25% until June 1st 2024.
They launched their product on time and it works as they said it would, I personally love it and it has made charting multiple BSC tokens easy and less a cluttered mess of browser tabs. When support for other DEXs/protocols come (Uniswap in May), I think DeChart is going to be a game changer and DCH is the next MOONSHOT!
Team has also been listening to users in chat, getting a CertiK audit when users were unhappy with Techrate and even committing to add technical features suggested by Telegram community.
Yesterday DxSale's servers went down starting before their presale. The team had already stated that if the sale did not meet the softcap they would go to another launchpad. After 8 or so hours with the presale down, they announced the DxSale was cancelled and that they are moving to another launchpad in the coming days.Β Users are suggesting Unicrypt and they also said they are getting interest from top launchpads.
I'm not sure about this, but someone said the DxSale was a PR stunt, I'm starting to believe it and that this is going to be huge they went from 50 telegram to nearly 500 now in a few days and dont seem to do much marketing yet.
---
Technical Analysis:
**MC Comp (Apr.
... keep reading on reddit β‘Good Friday evening to all of you here on r/StockMarket. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.
> After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
> In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500β²s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
> βI think every time youβve had a significant pullback in the familiar names, that tends to draw in more money,β said Ed Keon, chief investment strategist at QMA. βYouβve had a little rotation toward value. Thatβs a healthy sign for the market. I donβt think thatβs an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.β
> There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
> Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fedβs meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
> Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. βIf we do get a deal, that would be really positive. I think at this point, thereβs a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. Weβre going to worry more about the presidential election and its aftermath,β said Keon.
> Keo
... keep reading on reddit β‘Good Saturday morning to all of you here on r/stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.
> After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
> In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500β²s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
> βI think every time youβve had a significant pullback in the familiar names, that tends to draw in more money,β said Ed Keon, chief investment strategist at QMA. βYouβve had a little rotation toward value. Thatβs a healthy sign for the market. I donβt think thatβs an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.β
> There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
> Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fedβs meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
> Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. βIf we do get a deal, that would be really positive. I think at this point, thereβs a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. Weβre going to worry more about the presidential election and its aftermath,β said Keon.
> Keon s
... keep reading on reddit β‘Good Saturday morning to all of you here on r/smallstreetbets. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.
> After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
> In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500β²s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
> βI think every time youβve had a significant pullback in the familiar names, that tends to draw in more money,β said Ed Keon, chief investment strategist at QMA. βYouβve had a little rotation toward value. Thatβs a healthy sign for the market. I donβt think thatβs an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.β
> There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
> Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fedβs meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
> Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. βIf we do get a deal, that would be really positive. I think at this point, thereβs a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. Weβre going to worry more about the presidential election and its aftermath,β said Keon.
&g
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical support and resistance levels for reference today:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 183.5, 184.5, 187.5, 190.5, 192, 195, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
177 diagonal
172 diagonal
This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.
Edit 8 4:01PM:
Ending at 158.53, down 3.55%. Watching grass grow has been more interesting that the stock today :P. Volume is extremely, potentially we are almost ready to breakout? I certainly hope so!
Just a reminder that I will be taking a leave of absence for a while. I will miss you all!
Edit 7 3:50PM:
Slight increase in volume, but the stock isn't moving much. Edging up a bit above VWAP.
Edit 6 3:01PM:
Sleepy hour:
https://www.youtube.com/watch?v=ak59txSsIRo&ab_channel=WardenElite
Edit 5 1:14PM:
Watching this stock is like watching paint dry :P
Edit 4 11:11AM:
Stock edging lower towards the 152.5 support.
Edit 3 10:09AM:
Tangling below VWAP. Nothing too interesting is happening.
https://preview.redd.it/6nwsmlyv5cu61.png?width=2139&format=png&auto=webp&s=3121d13de31b9470b19e184109af1d5d78210259
Edit 2 9:48AM:
Stock is sagging down on low volume. Nothing too interesting. Possible support at 158.5.
Edit 1 9:32AM:
180k first minute volume. Pretty low. Seems the stock is drying up once again.
Gooooooood morning my fellow apes!
The magical date has arrived. 4/20 blaze it everyone :)
https://preview.redd.it/2ravs60xwbu61.png?width=1500&format=png&auto=webp&s=c9c10b1d1feb1b54f032e61544423842b391c0ed
A quick announcement about my plans. I have finals coming up very soon, so I'm beginning to cram everything I procrastinated for the past 3 months in a couple of weeks. I have not shown up to class for literally 3 months LOL. They call me the cram master ;). After today, I will be taking a leave of absence from Reddit and YouTube to prepare for my finals.
Should the MOASS start, I will hop back onto YouTube and stream the MOASS. I have decided I will not do a live charting style post, but rather a trading recap post at the end of the day. Between Reddit, YouTube, and managing my own position an
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 21 4:09PM:
Have a good weekend everyone! Treat yourself, have a good break, you deserve it! It's been a long week of boring sideways and downward movements. Super low volume all week. I hope we get a good show next week!
Edit 20 4:03PM:
Ending around 158.32, down -7.01%. I'm expecting some action next week, nearing the apex of the triangle wedge.
Edit 19 3:38PM:
Ending around the 156.5-162.5 channel.
https://preview.redd.it/n58tzfzoa7s61.png?width=2141&format=png&auto=webp&s=f746ff02fed687a70756e0a00d5ff7b918534edc
Edit 18 2:56PM:
Will be back for power hour soon.
https://www.youtube.com/watch?v=0_acvHjU8SQ&ab_channel=WardenElite
Edit 17 2:12PM:
Great summary of the current ongoing battle:
https://preview.redd.it/xxg2zv1av6s61.png?width=1808&format=png&auto=webp&s=0a0616fdefbfbb043a171108dc65c9fd31339920
Edit 16 1:58PM:
Raw beta -0.8, adj beta -0.2.
Edit 15 1:30PM:
160 strike puts keeping the price low.
https://www.optionsonar.com/unusual-option-activity/GME/latest-trades
Edit 14 1:17PM:
Checking Bloomberg Terminal. Institutional ownership actually up 3%! we've gone up this week from 131% to 142%!
Retail ownership has also gone up! The buy sell ratio was really high through this month.
Edit 13 1:13PM:
A fade is when volume does not support price trend. It's a sign of manipulation. Here we see the volume is not increasing as the price is decreasing. This is a sign of shorting and artificial price suppression. Nothing to see here folks. Buy and hold, diamond hands.
https://preview.redd.it/3sf4rnqok6s61.png?width=2135&format=png&auto=webp&s=4a92942cd9193973c99af1f14ef767fa3777f00e
Edit 12 12:48PM:
Puts dragging the price lower. I'm holding.
https://preview.redd.it/wdc1hyh
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.
Edit 19 4:02PM:
Ending around 164.48, up 6.33%. Pretty great day! See you all tomorrow.
Edit 18 3:27PM:
We can reasonable end at the upper half of this channel.
https://preview.redd.it/r6m5lvjol6u61.png?width=2138&format=png&auto=webp&s=ab2b953940b68781dbde9ae6bbec5948c20bdfb8
Edit 17 3:00PM:
Power hour:
https://www.youtube.com/watch?v=ZoL80H7BGFE&ab_channel=WardenElite
Edit 16 2:09PM:
Just verifying that I am indeed still here and not kidnapped by hedgies. Hello everyone! What another boring midday haha!
Edit 15 12:34PM:
Bit of a ---------> midday. Hope power hour is a bit more fun!
Edit 14 11:46AM:
Increasing Call volume at the 170 strike causing a price bounce.
https://preview.redd.it/s8c2rvwdi5u61.png?width=2461&format=png&auto=webp&s=2e2973820117edc0df1871be12473c7d376e7ec8
Edit 13 11:26AM:
Finally testing the 163 support I speculated on on stream. Patience my friends. We may not see any explosive power today, but that won't make me any less bullish on this stock.
https://preview.redd.it/c0bqn41pe5u61.png?width=2141&format=png&auto=webp&s=cbff25c8f777e26b6ffa47737e1e4c3762d65b0f
Edit 12 10:56AM:
Volume slowing down, we can bounce within the 165.5 - 169 channel.
https://preview.redd.it/pwgo2tad95u61.png?width=2137&format=png&auto=webp&s=e336d9df1c9e5fb8f1bd6a8766f336fbd4929d63
Edit 11 10:45AM:
Volume hasn't really picked up. Broader market dragging GME down a bit.
Edit 10 10:35AM:
If volume picks up, we can continue the ascending channel.
https://preview.redd.it/u8s028im55u61.png?width=2132&format=png&auto=webp&s=2757169d3e14c2d0b9b7f2093fe5ff71e31c0c88
Edit 9 10:31AM:
Volume slowing down. We might consolidate around 171.5.
Edit 8 10:25AM:
The pickup in volume has resulted in GME favoring the upside. 174 resistance is next.
Edit 7 10:14AM:
GM
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 18 4:01PM:
Closing around 167, up 18.45%. What a great day!
See you all tomorrow.
Edit 17 3:54PM:
18m of deep ITM Calls showing up. Possible tiny tiny dip at market open tomorrow?
https://preview.redd.it/9b33how327t61.png?width=2464&format=png&auto=webp&s=d9bc582056b1d2e4c9debeac3b41501269db7c14
Edit 16 3:17PM:
8 Million dollars worth of Puts. Unknown if it was bought or sold since it is Mid.
https://preview.redd.it/avifw9ufv6t61.png?width=2463&format=png&auto=webp&s=219336c48d11a2f5fb4a9fbd31faa4f2de240abd
Edit 15 3:02PM:
Power hour stream: https://www.youtube.com/watch?v=C14ZXYdl9h4&ab_channel=WardenElite
Edit 14 2:39PM:
Larger volume on the 200 strikes.
https://www.optionsonar.com/unusual-option-activity/GME/latest-trades
Edit 13 1:54PM:
Starting to slip through the 162.5 support.
https://preview.redd.it/51d4g06og6t61.png?width=2149&format=png&auto=webp&s=3014d3b89ca9ae0945e6f63056b3061bcd20fe68
Edit 12 1:17PM:
---------->
Let's see if power hour gives us some more action.
Edit 11 11:34AM:
Get on stream! Won't be updating the post for a bit, things getting hectic.
https://www.youtube.com/watch?v=KGw9X0eu_c0&ab_channel=WardenElite
Edit 10 11:24AM:
171.5 likely.
Edit 9 11:21AM:
Options updates: Lots of new Calls rolling in.
https://www.optionsonar.com/unusual-option-activity/GME/latest-trades
Edit 8 11:08AM:
171.5 perhaps.
Edit 7 11:02AM:
We goin up. Broke through the resistance of the wedge already.
https://preview.redd.it/7al
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.
Edit 13 4:00PM:
Ending around 154.49, down 1.25%. Overall the 2nd lowest volume day since Jan.
Have a great weekend everyone!
Edit 12 3:29PM:
We're on track for being the lowest volume day (less than 4.7 million) since before the Jan spike.
Edit 11 2:43PM:
2 hours of low volume lmao. ZZzzzzz. Hopefully we actually get some "power" during power hour.
Power hour: https://www.youtube.com/watch?v=F6XoLaWv-Js&ab_channel=WardenElite
Edit 10 11:55AM:
Price is staying above the resistance for the wedge.
https://preview.redd.it/8y73t0na5kt61.png?width=2150&format=png&auto=webp&s=04c962b0eb6669b2d8b237452590578c7122a852
Edit 9 11:50AM:
----------->
Perhaps midday and power hour, we'll see the fireworks.
Edit 8 11:19AM:
Head and shoulders.
https://preview.redd.it/c3jo87mtyjt61.png?width=2144&format=png&auto=webp&s=944ae7271d498be8ab8f4f3e9aa66c36e19732a8
Edit 7 11:05AM:
New resistance added at 158.5.
Edit 6 10:47AM:
Moving up on low volume. Nothing significant happening yet.
Edit 5 10:26AM:
Nothing really happening so far. A couple 160 and 200 strike Calls sold. Probably sold to close or covered calls.
https://preview.redd.it/px4bu3kepjt61.png?width=2487&format=png&auto=webp&s=cc8712f6144c0b52dc6377befa263ceffe7f0363
Edit 4 9:51AM:
Bit of a wedge forming.
https://preview.redd.it/mkck1yz3jjt61.png?width=2144&format=png&auto=webp&s=ca2a502082b3bdf07b1b5a46132ba41a1a033ce8
Edit 3 9:38AM:
Stream: https://www.youtube.com/watch?v=TBaCp_5NNXw&ab_channel=WardenElite
Edit 2 9:37AM:
Bouncing between the 152.5 and 157 channel.
https://preview.redd.it/nghqwkjogjt61.png?width=2131&format=png&auto=webp&s=7512ba6f2d50a2fbbe759b09fa006ca2be1e50eb
Edit 1 9:31AM:
First minute candle 192k volume. Pre
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.
Edit 23 4:00PM:
Ending around 156.08, down 6.28%. An expected pullback. Perhaps we will bounce tomorrow. See you all tomorrow!
Edit 22 3:38PM:
Bit of a pullback after that last climb.
Edit 21 2:54PM:
Power hour:
https://www.youtube.com/watch?v=BBq13zh1DQY&ab_channel=WardenElite
Edit 20 2:06PM:
Aw man I had my popcorn and fries ready. Stock at 161.67 right now. Can the show start :) ?
Edit 19 2:02PM:
Significant buy volume >100k. Will it be sustained though?
Edit 18 2:00PM:
Big green candle. Show finally starting?
Edit 17 1:48PM:
------------>
Edit 16 1:12PM:
Volume picking up. Bit of an upside breakout/mean reversion.
Edit 15 12:25PM:
Well helloooo there Mr. Wedge. Volume too low as of now for a major breakout. If volume kicks back in, perhaps we can see an upside breakout.
https://preview.redd.it/whcgi9yn5dt61.png?width=2144&format=png&auto=webp&s=4208b49542dd4313ad127bd92996250fb43c859f
Edit 14 12:09PM:
The Call inventory has significantly expanded since yesterday. 3,000 extra calls placed at the 200 strike.
https://preview.redd.it/a9spt8wv2dt61.png?width=1166&format=png&auto=webp&s=9b670c8923301162f8aa13b29cb81ea92a7f6498
Edit 13 11:59AM:
This particular line, resistance of the wedge is now acting as a support line. We could continue inching lower through the day.
https://preview.redd.it/p246sjc51dt61.png?width=2143&format=png&auto=webp&s=2d019834f98f7000a74f3ddd5ab0ab45c09f9bf6
Edit 12 11:48AM:
Option volume still pretty low. I feel as if most of the action has not yet started. Volume also sitting incredibly low.
Edit 11 11:32AM:
Volume dried up, less than 10k a minute.
Edit 10 10:58AM:
150 strike Calls were bought.
https://preview.redd.it/bci67zs1qct61.png?width=2278&format=png&auto=webp&s=e1a97ffd6867ffe858734dcb0eb9014980a2c7cb
Edit 9 10:22AM:
Majori
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 18 4:00PM:
Ending around 141.04, down 10.94%. Bit of a rally that kicked us up, allowing us to end around 140.
See you all tomorrow!
Edit 17 3:41PM:
The apex of the wedge forms around Friday now. I've adjusted it.
https://preview.redd.it/ijpt86uupss61.png?width=2129&format=png&auto=webp&s=a452007564a0a3d0b3998ca47533e2cdbe132c10
Edit 16 3:35PM:
A crazy push on around 290k volume. We're settling down again and consolidating. Possible bull flag?
https://preview.redd.it/ukakb55voss61.png?width=2140&format=png&auto=webp&s=6c93c35f20795f07a3ad8899d0d86f4d6f0f3e4c
Edit 15 2:59PM:
Power hour stream: https://www.youtube.com/watch?v=bJSDhyH60bU&ab_channel=WardenElite
Edit 14 2:32PM:
If we exclude the 9 million dollar put bar, seems Puts are helping push the price down today.
https://www.optionsonar.com/unusual-option-activity/GME/latest-trades
https://www.optionsonar.com/unusual-option-activity/GME/latest-trades
Edit 13 2:20PM:
https://preview.redd.it/a6z79ao1bss61.png?width=800&format=png&auto=webp&s=5469b9223eda38f315da1e1a9e3863340379dc59
Edit 12 12:32AM:
Will be back in about an hour, got a quick meeting. I'll be streaming at 3PM during power hour.
Edit 11 11:55AM:
Funny thing about Calls. During the crash of 1987, people holding some Call options actually saw their options go UP in value. Even though the stock moved against their Calls, the Implied Volatility was so high that they actually made money lmao.
Edit 10 11:40AM:
As you can see, my Calls are printing negative money ;)
Broader market taking a pretty heavy hit. Mostly tech stocks.
ht
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical support and resistance levels for reference today:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 172, 183.5, 184.5, 187.5, 190.5, 192, 195, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 32 6:03PM:
My fellow apes. The Bloomberg Terminal data looks good. NOTHING TO FEAR. (edit: seems most retailers and funds holding). (edit: possible longs with outdated filings: Maverick, Senvest, Morgan Stanley)
Price already rebounding AH!
https://preview.redd.it/l68d3j5yt1p61.png?width=2139&format=png&auto=webp&s=0fdfea3f9c0c868b0ce8bb21577daa540057de10
Edit 31 4:01PM:
Ended around 120 for the day. Will keep you all posted on what I find out in the Bloomberg Terminal.
Edit 30 3:59PM:
You might lose for the day, but stonks go up long term ;)
Edit 29 3:44PM:
We're net bullish now in terms of options activity. Still down for the day, but hey, you lose some and you win some. Welcome to investing!
Edit 28 3:41PM:
1 million worth of Call volume traded at the 150 strike. I'm seeing an evening out between bullish and bearish bets. Again I believe a reversal is close.
Edit 27 3:38PM:
Yes we're down a lot today. There is a dissonance between the price and the earnings call though. Keep that in mind. Earnings suggests a P/E increase while we're seeing a maneuver for a P/E decrease. On OptionSonar I'm seeing a flow of Calls trickling. Very interesting to me.
data courtesy of optionsonar.com
I am still holding.
Edit 26 3:34PM:
116.5 next support.
Edit 25 3:27PM:
Not a happy day for the market.
https://preview.redd.it/jyiido1d21p61.png?width=281&format=png&auto=webp&s=772471f1dd1fc8057de0f317a4af5f1471a4c20d
Edit 24 3:18PM:
Let's talk about how companies are valued. A lot of e-commerce stocks trade at high Price/Earnings multiples. So like 20x for example. I believe that with the recent move into e-commerce, that will lead to analysts raising their P/E expectations and raising the price targets.
We saw recently how Jeffries increased they price target to $175 at a discounted P/E compared to other e-commer
... keep reading on reddit β‘Good Morning!
Today is the day we approach the end of that Bull Pennant we have been staring at all week. I'm excited to see if there will be some price action today. This week has been tough, GME's been basically sideways everyday but IV is dropping and that's never a bad thing. So one more day into the fray, my friends.
Lastly, almost all major brokers now have their proxy material available. If you own a company you should be making your opinion heard. Vote.
If you want to find out what VWAP means check out the stream on YouTube
And for our live audio feed you check out the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
We ended today up 0.04% here are the stats. Not much action today but good times all the same.
NSCC-802 is delayed I don't know why but I'll look into it.
Thank you again guys for all your support it's been so fun hanging out here on reddit and over in YouTube and Discord with all of you. Really helps pass the time.
I will have the forward looking DD and accompanying video out this weekend so keep your eyes open for that. Until then Vote, Hodl, and see you on Monday!
Gherkinit,
https://preview.redd.it/hy8q0aqt8rx61.png?width=719&format=png&auto=webp&s=f7dfd04d5014cefec5174a5228c57af7520ffd5e
P.S. Almost forgot here is the wedge not quite broken out on the daily but Monday could be interesting.
https://preview.redd.it/ck1s51xi9rx61.png?width=1213&format=png&auto=webp&s=1ddf1824b7d53d4549f103ff81fbaf3ce7391692
Edit 13 2:47
Looks good for the whole day
https://preview.redd.it/mlbxck9zuqx61.png?width=1392&format=png&auto=webp&s=4cbd4766c9300304ad295e968e80b240e79c06e5
Edit 12 2:17
I wanna give everyone good news but...
https://preview.redd.it/betkzi2rpqx61.png?width=1234&format=png&auto=webp&s=3b597bd8276b9d99adb1192574a074f6606aa58a
Edit 11 1:26
Head and shoulders
https://preview.redd.it/0qs0ol3mgqx61.png?width
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
https://reddit-stream.com/comments/mlbjk9/
Edit 21 4:01PM:
Ending the day around 184.40, down 1.36%. Overall a good day for the bullish. IV crush continuing and setting up the ideal conditions for a gamma squeeze.
https://preview.redd.it/lpprvk960mr61.png?width=2164&format=png&auto=webp&s=f74e861bb2054e03a84808673b93c157363b9f8e
Edit 20 3:00PM:
I'm back on my power hour stream, you know where to find me. Will keep updating this doc.
Edit 19 2:44PM:
183.5 support if we cross the current level.
Edit 18 1:58PM:
https://preview.redd.it/0k0ussk8elr61.png?width=505&format=png&auto=webp&s=0f8685c26c30c4f00aa2d23b66d2e8bb1d54228a
Edit 17 1:36PM:
Small pullback on pretty low volume. Nothing too interesting.
https://preview.redd.it/47lq8h96alr61.png?width=2148&format=png&auto=webp&s=a692f648f75d8f8ad1187bb7144b70353f6f4846
Edit 16 1:30PM:
Basically due to the lack of fundamental catalysts, we are waiting patiently for forces behind the scenes to move the stock price. It's always eerily quiet during periods like right now.
Forget options chain, forget TA, what's coming soon is a chain of business maneuvers that can push the price. So whether that be a share recall, a change in leadership, big business changes are underway. Eventually we'll likely walk out of the eye of the storm, and get flung into the sky and catch a rocket to the moon :D
Edit 15 1:28PM:
Sorry little crayon typo in edit 12. I drew the first circle on the wrong day, fixed it now!
Edit 14 1:22PM:
By eye of the storm, we were hit in January, turbulence in Feb, and now late March and early April seems to be the eye. It's always oddly quiet in the eye.
My take on those 330 and 340 strike Put walls is perhaps those are post squeeze bets. You basically want to buy to open Puts during the lowest IV trading period so later you can sell to close during a high IV nosedive.
Edit 13 1:12PM:
Today might be the eye of the
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 183.5, 184.5, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 34 4:00PM:
Ding ding ding! And the bell has rung. Overall a great day for us! (Yes we did end above Max Pain).
Closing around 190.40 ish. Webull updates the closing price a little delayed. I'm expecting good things to come in the coming weeks. Have a great weekend everyone!
Edit 33 3:43PM:
I appreciate the kind words everyone :D
Pure speculation, but I believe that they were using Call options to prolong this larger bull trap before they unloaded and tanked the price. By using Calls to maintain a positive delta pressure, selling to close those Calls could induce a net positive delta position on the Market Maker. Now that they have such a large net positive delta, MMs needed to unload shares.
https://preview.redd.it/ty06qi198mq61.png?width=2138&format=png&auto=webp&s=0e78a56ad05291d38b5333bb9512a5c458085872
Edit 32 3:37PM:
And it seems just about now, those 6 million dollars worth of 250 strike Puts have taken effect.
Edit 31 3:25PM:
Seems someone with a 2013 old account with no post history suddenly makes 1 post attacking me. A lot of 1 day/1 week old accounts in the comments doing the same repeating the same things.
All I'm going to say is I bought 100 shares of GME today at the dip I called out. As I said, I put everything into OptionSonar and GME.
I try to teach and deliver my financial knowledge to you for no added incentive. In my past streams, I've gone over strategy, options, company financials, understanding institutional ownership and other topics. I don't just do TA and as I have said on stream, I don't do the typical TA that would not make sense for a manipulated stock. I try to understand options to account for stock manipulation and I'll continue to try my best to educate you all on what I think is happening with the price.
No I won't post my links here again and I've never actively asked for people here to pay attention to them in the first place. I only setup a page on that site because I started streaming. I appreciate the kind people on this sub and j
... keep reading on reddit β‘Good Morning Astronauts!
Seatbelts Buckled?
Luggage packed?
Exit Strategy Read? Understood?
I hope so Cause we are about to have an pretty crazy day.
Europe already reporting margin calls...
Remember if everything goes down, and it gets crazy, I may have to walk away.
Try to remember the things you learned here .
Remember to have a plan.
I love all you damn beautiful apes!
Or more Sideways Chop! Either way, good stuff!
If you want to find out where your wife's boyfriend's VWAP is check out the stream on YouTube
For our live audio feed the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Here are the stats for today looking bullish heading into tomorrow I'd like to see us keep above 162.5 in after hours and look to test 170 in the AM. SPY looks really choppy like it's being floated so I expect to see some downward action on it tomorrow as open interest on the options chain drops off. Thank you again for all the support we now have a subreddit for the stream over @ r/dillionaires. I will continue posting here every day. See you bright and early for another exciting day!
-Gherkinit
https://preview.redd.it/m1l8dp462yy61.png?width=733&format=png&auto=webp&s=b7e3f9f223321cd7714180d8f357c1f11fe8ed4a
Oh and here is the pennant we broke out to the upside...
That 1:30 -5:30pm prediction on my last DD was so spot on....feels nice
Edit 11 3:05
Power hour trading up slowly at 167.05 check out our new subreddit at r/dillionaires lol
https://preview.redd.it/p5ixdw8urxy61.png?width=1233&format=png&auto=webp&s=7f2c1dde601d653e69bc40ae793ec13dafa3b742
Edit 10 2:07
Join stream for updates or discord I cannot leave trading screen to type updates for the time being
Edit 9 1:54
Volume *check* Back in the wedge *check* titz jacked ...
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 30 4:07PM:
Will still stream tomorrow, but will be gone between 10am EDT and 11:15am EDT for a midterm so will pause the stream then.
Edit 29 4:00PM:
Ending around 170.24, down 4.34%. Overall downwards day on low volume. Nothing too crazy.
Edit 28 3:21PM:
Pretty consistent block of buying volume. Possible confirmation of a bounce.
https://preview.redd.it/qnl5gccn20s61.png?width=2142&format=png&auto=webp&s=de4e6d236990c3a01193f6990c352ea0f48c1a91
Edit 27 3:00PM:
Back for power hour. https://www.youtube.com/watch?v=8b1HpyHxqa4&ab_channel=WardenElite
Edit 26 2:42PM:
I've sold my tea leaves on ebay and used the proceeds to buy a share of GME.
Edit 25 2:38PM:
The positive news today has fudged up my timing, but yes, there is a dip cooking right now.
Edit 24 2:37PM:
SSR is at 160.17.
Edit 23 2:32PM:
It's really amusing how shorts can drop the price so much with almost no volume.
https://preview.redd.it/xx7skqhztzr61.png?width=2143&format=png&auto=webp&s=d120e3ec626c2ec161cc8d6251ef966d3a045a80
Edit 22 2:27PM:
Maybe I need to spend some money on some premium tea leaves.
Edit 21 2:22PM:
I guess there is a discount today after all! Thanks Ken!
Edit 20 2:19PM:
No volume here folks. <60k on average per minute candle. As Uncle Bruce likes to say, "they want to make the stock look awful".
Honestly the stock looks great to me because I like the stock.
Edit 19 2:18PM:
My tea leaves have lied to me.
Edit 18 2:05PM:
Around 10k volume a minute. So low.... A bit higher than yesterday but it's still crazy low.
Edit 17 1:47PM:
I'm reading my tea leaves right now and it says double bottom.
https://preview.redd.it/b7ib3pyxlzr61.png?width=2126&format=png&auto=webp&s=eb6ae0c6ab9013a38e22c34e3b234ed5b85779fd
Edit 16 1:38PM:
GO DROP RYAN A LIKE AND A FOLLOW!
[https://twitter.com/ryancohen/status/1380
... keep reading on reddit β‘Good Morning Superstonk!
Happy Friday!
I'm feeling pretty excited about today yesterday we closed up 13.96% as I told my wife's boyfriend that's almost 14%. I know, maths. I think everyone can breath a little easier today as of now GME is down only $318.5 from it's all time high! :)^^<!
On a more serious note, it appears they are now targeting retail with margin calls. This is pretty serious as another redditor showed they are not being very careful with these margin calls. It seems they are trying to throw retail under the bus, first, as they scramble to improve their own positions. These mistaken margin calls remind me of the events that occurred With Alex Kearns last year. No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish. Learn more
Lastly as price action picks up today, I may walk away from the reddit post while managing positions, if this is the case you can find me on the stream and discord for a while longer at the links below.
If you want to find out where your wife's boyfriend's VWAP is check out the stream on YouTube
For our live audio feed the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Thank you all so much for hanging out in here this week. Here are are closing stats for the day
https://preview.redd.it/j8lanwkw65z61.png?width=726&format=png&auto=webp&s=91390728e9b01d65795f646ff00501bc35e200cc
This is the first time in awhile that we have closed a week above max pain so that was pretty exciting. I kind of thought we would fight for 162.5 all day while we consolidated after yesterdays upwards action. But we broke through t
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical support and resistance levels for reference today:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 183.5, 184.5, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Finished a stream today comparing my predictions to ChristianRauchenwald's Elliot waves live! https://www.youtube.com/watch?v=DO7BwSg0-Xg&ab_channel=WardenElite
Edit 35 3:57PM:
We'll end around 192, overall sideways for the day. Possibly something big happening tomorrow? Melvin and friends giving us a fire sale? Let's find out!
Good Morning!
Welcome to another day of crayons and charts with you favorite wrinkly pickle, Gherkinit.
If you missed my forward looking DD for this week it can be found on my Reddit profile or you can check out the Video DD and today's live stream over on my YouTube.
You can also listen in, on our live audio stream on Discord
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Here are our stats for the day. Not a lot of action to speak of besides that dip in the AM. We held above 157 which is all that matters for now. See you guys tomorrow. Sleep tight and HODL.
https://preview.redd.it/xatuun54pyw61.png?width=742&format=png&auto=webp&s=65b169a08bcc3564f939e96dc8856b53c10d506c
Edit 17 3:39
Broke down out of that up channel looking like we are limping to the finish line
https://preview.redd.it/6lwoozgskyw61.png?width=1158&format=png&auto=webp&s=90b14d43dec9a937deb98bca684bc4f2c8c839cf
Edit 16 3:16
Resistance broken at 162.5 on a nice uptrend. Stream is getting silly.
https://preview.redd.it/7qw5srsjgyw61.png?width=1081&format=png&auto=webp&s=55e96935b6adb269114250d3761e7a4648bf0bf0
Edit 15 2:50
Still no action trading at or below 160. More updates in power hour.
Edit 14 2:01
Still not a lot happening we touched a new intraday low of $159. This is very near the floor of 157 I do not expect to go below that.
Edit 13 1:09
Still no action chopping on 162.5, 0 shares left to borrow could move up in power hour. Right now we look weak but I don't think we will drop much
https://preview.redd.it/72c7jc51uxw61.png?width=1091&format=png&auto=webp&s=5773f3f5e008cedf156f8684e64a98540f91401d
Edit 12 12:31
Weakness on that last bounce heading for a re-test of 162.5, low volume no pressure in either direction really. Chop on resistance till something changes.
https://preview.redd.it/rxcd39p2nxw61.png?width=1436&format=png&auto=webp&s=3a426cd591467d52ccff44b5ac1d62b82610e62d
Edit 11 12
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical support and resistance levels for reference today:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 176.5, 183.5, 184.5, 187.5, 190.5, 192, 195, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 37 4:01PM:
A bit of short term pullback end of the day. Ending at around 193.59. Overall a great healthy climb! I wonder how that Third Bridge meeting went?
Edit 36 3:45PM:
Good Morning Superstonk!
Another day here hanging with your favorite sour green buddy. Will we go up? Will we go down? Will GameStop announce a share recall. Is DFV the secret memelord? We don't know!
But let's find out together :)
The technical signals look bullish and I am definitely jaccckkkeed!
Lastly, almost all major brokers now have their proxy material available. If you own a company you should be making your opinion heard. Vote.
If you want to find out where your wife's boyfriend's VWAP is check out the stream on YouTube
For our live audio feed the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
So here are the stats
https://preview.redd.it/em1m1dpj6ry61.png?width=712&format=png&auto=webp&s=1e2a23f3e4d2f26905c757254406f8e5d7a49d5a
Looking super bullish for tomorrow Margin calls, crazy tweets, vote rolling in. I'm pretty excited hope your are too. AMA was interesting we did it on stream by request so sorry for the late update appreciate you guys and see you tomorrow.
- Gherkinit
Edit 14 3:50
Sorry for the delay we just went down with the market for a bit but the turn around for the last 15 looks good. Also I'll be doing the AMA on stream after-hours.
https://preview.redd.it/wiizcfxmuqy61.png?width=1122&format=png&auto=webp&s=0e24951cf78a909f3fda0d3defbcf94ba7d0ae89
Edit 13 2:35
VIX up market down, CNBC talking about things GME going up Looks like a fun day to own stonks !!
https://preview.redd.it/b8y9p8hfhqy61.png?width=1734&format=png&auto=webp&s=ab1d7b609fc6842ffb3b0dd6d428dcb854384a34
Edit 12 1:56
Nice THICC double bottom volume coming in a bit
https://preview.redd.it/y0ufd1pkaqy61.png?width=1220&format=png&auto=webp&s=b5d04e2e056f051c1cfa2b302c71548ac71b
... keep reading on reddit β‘Hola simios,
Soy yo Gherkinit, here with another day of munching down my favorite crayon flavors, todays flavor green is brought to you by T+13 theories and possible enactment of NSCC 801. GameStop is definitely moving towards zero liquidity as yesterday we saw international buy orders coming back unfilled. It would seem as though MM don't mind counterfeiting short shares ex. 750k available to borrow even though no buyback occurred on the open market to replenish them. But I guess they are now done printing IOU's for apes, internationally at least.
Come to America the only country were you can still buy GameStop!
Reddit was down yesterday again please make sure you bookmark these links in case of more outages.
If you want to find out what VWAP means check out the stream on YouTube
And for our live audio feed you check out the Discord
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Here are our stats for today. Looks like the lowest volume day YTD by over 1M shares. We only closed down .77%. Not much to say today but I hope I kept it interesting.
Thank you all for the support !
I'll see you bright and early tomorrow for another fun day of trading !
https://preview.redd.it/o621nhl4zcx61.png?width=751&format=png&auto=webp&s=878651e07282089399f0f25961de7d2e89036844
Edit 15 3:42
Dipped with the market looks like we are recovering, down .5% for the day...
https://preview.redd.it/zg497ol6vcx61.png?width=1021&format=png&auto=webp&s=2b1724aef5c1e1feb3642e1997e128449f8ce9b1
Edit 14 3:05
I know I make this seem exciting but here is the whole day
https://preview.redd.it/2q52cddeocx61.png?width=1369&format=png&auto=webp&s=f41954aa86684fef178cd5047ce4e13834373537
Edit 13 3:00
Tried and failed, also, yes, it took that long to test 162.5
https://preview.redd.it/exw0zphkncx61.png?width=1235&format=png&auto=webp&s=745030f3355ee6fd67d80930c46d55e4e995de00
Edit 12 2:15
Tested 162.5 and looks like it's
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 162.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
Edit 15 4:00PM:
Closing around 140.79, down 0.21%. Overall a sideways and pretty quite day.
See you all tomorrow! I'm looking forward to the end of the week.
Edit 14 3:55PM:
TTM Squeeze at 15 minutes seems to indicator a pre squeeze consolidation. Note the red dots.
https://preview.redd.it/359z8nc8xzs61.png?width=2193&format=png&auto=webp&s=cf8fa753584cbfb49b622764a241b5cffd1b03f3
Edit 13 3:01PM:
Power hour stream.
https://www.youtube.com/watch?v=C-bDZzr0thU&ab_channel=WardenElite
Edit 12 1:59PM:
So far in my opinion, the play is going as expected.
Edit 11 12:51PM:
There is a strange amount of short Puts at the 100 strike. Could either be CSPs looking to buy in after a predicted crash to around 100, or could just be someone farming premiums. Hard to say for sure.
Edit 10 12:49PM:
zzZZZ...
Edit 9 11:17AM:
680 strike Calls were bought today, expiring around October/November. I'm thinking it could just be a way to deal with theta time decay. The further OTM Calls have issues with time, so if the strike date is placed further, it helps a lot, though at the expense of less leverage.
https://preview.redd.it/9zz7fvdpjys61.png?width=2486&format=png&auto=webp&s=7b3bb3125402473c7a2318a2208788729d089b7e
Edit 8 11:15AM:
Bid ask spread getting tighter. We're trading tightly above VWAP. Volume <10k per minute candle. Expect a bit of sideways action for midday.
Edit 7 10:38AM:
Slight megaphone pattern followed by a pullback to the 140 support.
https://preview.redd.it/ek701bzpcys61.png?width=2142&format=png&auto=webp&s=26ef6403472195c4e727ba0327778b6c11b4181c
Edit 6 10:26AM:
Wow. Rally to 145. Around 100k volume per minute candle. Somebody bought a ton.
Edit 5 10:08AM:
Couple Puts bought around 135 strike. Nothing major.
https://preview.redd.it/gbmv4lce7ys61.png?width=2448&format=png&auto=webp&s=61810
... keep reading on reddit β‘Hello fellow simians,
Good Morning! and welcome to another edition of; What's GameStop gonna do today?
Idk yet but find out here, and over on the livestream from 9am-4pm EST https://www.youtube.com/c/PickleFinancial
So sorry again for the automod failures yesterday thankfully nobody missed much but for future failures of reddit or this sub you can join our discord for live information https://discord.gg/HbqnUVsSrH
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Great day here are closing stats.
https://preview.redd.it/4qui6jb70zv61.png?width=770&format=png&auto=webp&s=546811b3b7af859ad7b9051c3afd5d2dc9d8e69c
Thank you again guys for all the support this is officially the most upvoted daily I have done I couldn't have done it without you guys!
Looking to push 180 tomorrow/after hours, then 185-200 and 250.
But tomorrow is another day, see you all then.
Edit 17 3:43
Nice turnaround if the volume comes in now we could close above 180
https://preview.redd.it/x4syj0aswyv61.png?width=842&format=png&auto=webp&s=b5641954d44b091a20b4ecce76e87633e00eb94d
Edit 16 3:09
Low volume downward drift looking like a bull flag
https://preview.redd.it/8jpt3tgsqyv61.png?width=1094&format=png&auto=webp&s=b48dede0030b1cf766b9d190ae187c1e335b381c
Edit 15 2:58
Moving into power hour low volume still maybe close around 180 again so Wednesday is gap fill day...
https://preview.redd.it/3qmcdp6zoyv61.png?width=1029&format=png&auto=webp&s=f0fb91644d94dc47d7c042ec7882a54f8d77980c
Edit 14 2:40 crossed resistance with some volume support looks good we
https://preview.redd.it/hl1007vnlyv61.png?width=1244&format=png&auto=webp&s=0796c99c6d6b0e5fe87d2a0c8f1433034af404e1
Edit 13 2:13
3rd test of 180 fi we don't get the volume to push up we could see some drop off as this is a triple-top maybe back to 175
https://preview.redd.it/dnyp034xgyv61.png?width=1198&format=png&auto=webp&s=722bc75
... keep reading on reddit β‘Good Morning!
Another day of testing 180 could be ahead of us. I guess we will have to see how badly the 7,188 open calls @ $200 strike want to get paid today. Could be interesting.
Again Your support has meant the world to me over this last week. I am so amazed at what we have accomplish not only on YouTube but yesterday these post almost made it to the front page. Hopefully we will have even more visibility today. You guys have been so amazing in upvoting and awarding these posts. Thank you so much.
We will be livestreaming here starting at 9am
https://www.youtube.com/c/PickleFinancial
Additionally there is a live audio stream on our discord as well
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Well we didn't close up it looks like some deep ITM puts tanked the price for the latter half of the day. Here are our closing stats.
https://preview.redd.it/iyje1h99adw61.png?width=769&format=png&auto=webp&s=d764b63f2780e4909e08d9590dfa19107821ffee
Everybody take a breather enjoy your weekend the stock will still be here Monday. Thank you all again for the support on the stream and in here it's been an amazing week and when in doubt on GME just zoom out we are trading several resistance levels above last week and still looking bullish as all hell.
See you all Monday for more exciting action!
https://preview.redd.it/fy2kcg72bdw61.png?width=891&format=png&auto=webp&s=4edfa87cc4a384f2c1bf09448b4f5ef41f11f402
Edit 17 3:28
Bounce on that descending
... keep reading on reddit β‘Good Morning Superstock,
Another day is upon us, yesterday the short got a bit of a headwind with the market dive. But the signals are still bullish. There was a small change in institutional ownership but I think they are gonna make this appear to be a bigger problem than it actually is. I will be keeping an eye on that data. I'm looking for a move back up to that 157 resistance today.
Lastly, almost all major brokers now have their proxy material available. If you own a company you should be making your opinion heard. Vote.
If you want to find out where your wife's boyfriend's VWAP is check out the stream on YouTube
For our live audio feed the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Our stats as always. Good day slightly better opening volume short pressure really dwindled through the midday and maybe we got some action from that tweet. Overall looking nice up 2.48% I'm still looking for a move to the upside to get us back in that 157 range maybe after hours or early tomorrow. Thank you all again for the support see you bright and early 9am. Have a good night everyone!
-Gherkinit
https://preview.redd.it/jep3nji4sjy61.png?width=715&format=png&auto=webp&s=ada5487ddb5d97c776260da57fba8b3da4a87c5b
Edit 11 3:38
failed at the 150 resistance I think we have time to turn back and retest.
https://preview.redd.it/navn5ghunjy61.png?width=703&format=png&auto=webp&s=2b38c82ec9146fcca9ea2b1df3e365adaa97f82e
Edit 10 3:02
Steady climb first couple minutes of power hour looking good for a change I want to see a break above 152.5 eod.
https://preview.redd.it/8jgkir3khjy61.png?width=1077&format=png&auto=webp&s=bd3b67ebfe55265ebc1f7da4f93fb9d4b86cf0da
Edit 9 2:16
Breakdown from this bull flag but looks like we are turning around
https://preview.redd.it/3b6148879jy61.png?width=1262&format=png&auto=webp&s=f5d277b782264906198ed3292c084ea1610732de
GameS
... keep reading on reddit β‘Good Morning Superstonk!
Another day of reading charts and drawing pretty pictures with me Gherkinit everyone's favorite financially inclined pickle. So big DD yesterday...I will attempt to answer questions. For all those complaining about the lack of a TLDR the video DD will be out a couple hours after market close today.
IV is low AF, triangles are drawn, and titz are jacked so hard I can't buckle the seatbelt on this fucking rocket ship!
Lastly, almost all major brokers now have their proxy material available. If you own a company you should be making your opinion heard. Vote.
If you want to find out where your wife's boyfriend's VWAP is check out the stream on YouTube
For our live audio feed the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Here are our stats for the day I expect as we near the peak of the pennant their motivation will be to keep the price down. They borrowed 200,000 shares this morning and had the advantage of the market downtrend behind them, at least the volume was strong. Remember diamonds are formed under pressure...
https://preview.redd.it/ov6x3hu7ncy61.png?width=723&format=png&auto=webp&s=c65328f3680b25dc4279963e94952247e345b8b2
I will be doing that Video DD today hopefully I'll have it up by 6pm EST Thank you all again and see you tomorrow.
Edit 10 2:59
Still doing nothing down to 144 currently in quite a long downtrend
https://preview.redd.it/zeq9wpzybcy61.png?width=1316&format=png&auto=webp&s=13a969aa7f824e2f5641d94ff459d8515c9817eb
Edit 9 1:44
Still trending down some people in chat a speculating institutional holdings have changed but I see only a 2% decrease and the keep borrowing shares so I don't think that's having that great of an effect. Just no volume and consistent shorting on the back of the market downtrend earlier.
https
... keep reading on reddit β‘This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It's easier for people to refresh the page and see edits at the top
If you want to support me, check my Reddit profile bio. I appreciate you guys!
Historical support and resistance levels for reference today:
152.5, 172, 183.5, 184.5, 187.5, 190.5, 192, 195, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5
172 diagonal support (see 26:31 in my livestream video)
Edit 39 5:55PM:
The media will spread FUD. They will short attack this.
There is nothing wrong with the earnings. It's only a bit disappointing for apes who were expecting rocket fuel from earnings.
Expect some wild swings tomorrow. Cya then.
Edit 38 5:50PM:
>The timing and amount of sales under the ATM Program would depend on, among other factors, our capital needs and alternative sources and costs of capital available to us, market perceptions about us, and the then current trading price of our Class A Common Stock
I like how CNBC doesn't mention this part of the ATM Program on the 10K. A) They won't sell anytime soon, this will destroy market perceptions. B) They have a ton of cash on hand.
Don't worry about them selling shares anytime soon folks.
Edit 37 5:38PM:
CNBC FUD article came out about how GameStop may sell stock to fund transformation: https://www.cnbc.com/2021/03/23/gamestop-shares-rise-on-e-commerce-sales-jump-new-coo.html
lol. Did they read their Balance Sheet?
GameStop has 508.5m cash. Doesn't seem like they will sell. (edit: removed all caps, I'm now checking their filings about S/E)
Edit 36 5:35PM:
On Monday's stream, I will also go over the financial statements and make it all easy to understand.
Edit 35 5:27PM:
Yes I know, this call did not add rocket fuel to the rocket.
In my opinion, from the earnings call and reading their 10K, there is nothing fundamentally wrong with the company. This was a reasonable
... keep reading on reddit β‘Good Morning Apes!
Here we are primed for yet another day of fun in the sun, Market Action. Possible passing of SR-NSCC-2021-801 today could be a catalyst. This essentially states if they deem member positions are to risky they can margin call them immediately, also changes reporting of these positions from a monthly to daily time frame. So that's nice.
We had a bit of a dip yesterday which presented few fantastic buying opportunities, as more apes panic bought. I still expect the floor of the stock to be 157 it should take more than a small concentrated effort to get us trading below that.
If you want to find out what VWAP means check out the stream on YouTube
And for our live audio feed you check out the Discord
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Closing stats for the day.
https://preview.redd.it/326gh4clt5x61.png?width=802&format=png&auto=webp&s=266a4f4a7f2c9880c450d7dfe42e65ce02215be0
We went down, we went back up volume was exceedingly low. Sorry for those of you that missed out during the reddit crash I assure you I was trying to update for a while but couldn't get through to the page. Please bookmark the YouTube and Discord for future outages. Thank you all again for the support and I will see you bright and early tomorrow.
Gherkinit,
Edit 13 3:38
Absolutely sideways again but with a nice cushion on resistance
https://preview.redd.it/03xd8wqfp5x61.png?width=927&format=png&auto=webp&s=c2fb824baea7198a107420dd6676b5199fd7aa4e
Edit 12 2:47
And we are back...I hope. $2 dollar upwards price move as apes panic bought due to comms being down? Still no volume but we are clear of the 157 support and trending towards 162.5.
https://preview.redd.it/36vbttykg5x61.png?width=1127&format=png&auto=webp&s=b5c887cdf70ef139bb1c215afecf26a9c4b7083f
Edit 11 1:43
Small buy-in shot us up above VWAP and back above that 157 resistance. Looks like we can hold above 157 for now. Maybe a re-test soon.
... keep reading on reddit β‘Good Morning !
Ready for another day of charts with your favorite crayon artist? Me too!
So to day we will hopefully find out the answer to the ultimate question, What happens when GameStop breaks away from the 180 resistance well find this out and more here on reddit over on our
YouTube stream https://www.youtube.com/c/PickleFinancial
and
Discord https://discord.gg/HbqnUVsSrH
Historical Resistance/Support:
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Here are the stats
https://preview.redd.it/sj2qrb6r56w61.png?width=760&format=png&auto=webp&s=676e6bf35996ded47414f47195046b4ac27fe108
The Battle for 180 continues into tomorrow we had $10 dollars of range on our historically lowest volume day this year. 3.69 million hmm?...The sheer amount of open interest at the $200c strike means the battle for 180 is very important.
It's a possibility we could see a gap up in post/pre-market to attempt to cross 180
Otherwise I'll see you all tomorrow morning and have a good night.
Edit 20 3:46
1 More test?
https://preview.redd.it/tb3dyk5b26w61.png?width=1041&format=png&auto=webp&s=9dd4aad1014f13e25debc18da160e03077ebee2d
Edit 19 3:23
Still trying to get through maybe 1 more test before close
https://preview.redd.it/q74lv44ay5w61.png?width=1176&format=png&auto=webp&s=38eb6c75518b9174022eb9661050202e26864e61
Edit 18 2:39
New Motto "Buy the resistance and hodl"
Looking for another test after we consolidate
https://preview.redd.it/ngnrt2tgq5w61.png?width=1145&format=png&auto=webp&s=6d588045542a1a8e1156c862eddb66535e819c3e
Edit 17 2:35
battle for 180 has commenced
https://preview.redd.it/shuoxyqlp5w61.png?width=1073&format=png&auto=webp&s=2cc4778d621a2d469bbd64e6e938baf551da1829
Edit 16 2:21
Bullish ? No seriously we are on track to set a low volume record
https://preview.redd.it/d5msvey5n5w61.png?width=1059&format=png&auto=webp&s=352f8845d2a7175ebc511e7ad979f6c397e8382a
Edit 15 1:42
Possible Catalyst List
Edit 14 1:37
Looks like somebody is tired of waiting
https://preview.redd.it/pgjc1v9af5w61.png?width=886&format=png&auto=webp&s=2d511e3d8b113eb86d0686cd7a429f470f5a0099
Edit 13 1:25
Bull flag
... keep reading on reddit β‘Good Morning Superstonk!
Well yesterday was an interesting day, we say the NYSE freeze, our intraday volume disappear, some people stopped by to do AMA's and some old friends stopped by to bolster our confirmation bias (missed ya u/WardenElite). But has anything really changed? No. Fuckery is still afoot and most people in this sub still own a stock that has more than 100% of it's float sold short.
I know I'll get a thousand questions on this today so I'll answer it now. I don't really use OBV very often it's another momentum indicator. In the past I've used it to track so-called "smart money" as volume will drastically increase when institutions enter positions vs. when retail buys in. As far as a long term indicator I'm not sure of it's value, It can be prone to false signals and drastic price moves ,of which GME has had many, these can throw it's values for a long time.
However, Warden and I, even though our methods differ have arrived at similar conclusions, short pressure is weakening and we are headed for a convergence point soon where this will all hit the fan. If you haven't gotten a chance feel free to check out my DD from this last weekend and the previous week for more on my theories.
Lastly, almost all major brokers now have their proxy material available. If you own a company you should be making your opinion heard. Vote.
If you want to find out what VWAP means check out the stream on YouTube
And for our live audio feed you check out the Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
Well holy value batman! Guess we found out direct from the head of the DTCC today who owns a stock that is more than 140% short *thumbs at myself* this guy !
https://preview.redd.it/ah3sungn4kx61.png?width=788&format=png&auto=webp&s=6d4178d9de9ed87978ef8970c34c41eb1d15fd96
Closing stats for the day up slightly seemed to be a small surge carrying us above VWAP right before close.
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